Long

Breaking through WEEKLY Moving average 50

Updated

This is so exciting my friends, this is the first time ever since MAY 2018 that the price is above weekly moving average 50.
Does it mean that another big bang in #Bitcoin #btc is going to happen this year? :)
To be honest I am getting ready for a $80000 Bitcoin this year.
You can find out more about this in my previous ideas, so feel free to check those and give me your comments.
Please let me know about your idea about this break out in the comments.
Thank you and good Luck.

Note

Here is same event on Oct 2015.

Note

And realistically according to the price history of #bitcoin, we can expect that #btc hit $500,000 in 3 years from today.

Note

The most incredible thing or possibility that can happens is that #bitcoin can reaches to the highest price on Dec 2017 through only 4-5 weekly candles.
Check out the history of price action at same level on Oct 2017.

Note

The weekly candle has been closed 80% above the moving average and another candle has been opened above the previous candle at $6000. this is a confirmation of the next bull market for #BTC #bitcoin .
obviously the bull run might be a bit slow through out the ichimoku cloud which is representing a resistant area, there for we will see a consolidation for a while.
The best time to buy BTC is above the red cloud in weekly time frame .

Note

Typos:
resistance* level / Therefore*

Note

Do not regret and get surprised if you wake up and see a very long green candle on your screen all the way to 8K or 9K. every thing is possible in this bull run market. I learn from my experiences.

taktip

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